222 Cimarron, La Junta, CO 81050
222 Cimarron, La Junta, CO 81050
222 Cimarron, La Junta, CO 81050
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$131,000
Est. payment /mo
3 Beds
1 Bath
1,512 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $86

MLS Listing ID 9828518

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1920

Lot Size 3,825 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Property Description

Cash flow from day one. This income-producing 3-bedroom, 1-bathroom home in La Junta, Colorado is already doing the work for you. Currently leased through May 2027 at $1,300/month with the tenant covering all utilities, this is the kind of low-overhead, stabilized asset savvy investors are always chasing. Whether you're building your first rental portfolio or adding another steady performer to an established one, this property checks the boxes: long-term tenant in place, no utility exposure, and a lease term that gives you runway without the immediate re-leasing risk. Looking to scale? This property is available as part of an 6-property portfolio spanning La Junta and Rocky Ford — two of Southeast Colorado's most established rental markets. Acquire one or acquire them all. The bundle includes 711 S 8th in Rocky Ford plus 212 Cimarron (duplex), 216 Cimarron (duplex), 113 E 3rd, and 1206 Lewis — all in La Junta. Purchasing as a bundle offers instant scale, diversified income streams across two markets, and the kind of negotiating leverage that individual acquisitions simply can't match. Two duplexes in the mix means even more doors per dollar invested.

Location

State CO

County Otero

Rooms

Basement Partial, Unfinished

Interior

Interior Features Walk-In Closet(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Wood

Appliance Dishwasher, Range, Refrigerator

Exterior

Parking Features Detached, Garage

Garage Spaces 2.0

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Story Two

Sewer Public Sewer

Water Public

Schools

School District Elementary: East Otero R-1, Middle/Junior: East Otero R-1, High: East Otero R-1

Others

Senior Community No

Tax ID 464302313006

Special Listing Condition None Known


Read Less Info
REColorado MLS
Listed byHomeSmart Preferred Realty

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Have a question? Send us a message and we'll get back to you shortly.
Jerry Downer

Broker Associate License ID: 100011893

+1(720) 277-9001 | [email protected]

First Name
Phone Number
Your Message

Go tour this home

222 Cimarron

MORTGAGE CALCULATOR

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Mortgage Help

Down Payment

The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.

Loan Term

Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.

Loan Type

There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.

Interest Rate

This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.

Property Tax Rate

The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.

Home Insurance

Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.

HOA Fees

A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.


More Transparancy, More Control.

Experience a revolutionary level of industry transparency and autonomy. Click here to simplify the home-buying process with a prequalification letter, and begin the journey to home ownership today!